The court has satisfied the lawsuit of IDBank by invalidating the problematic agreement

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 15:37,

YEREVAN, JUNE 24, ARMENPRESS. Yerevan Court of General Jurisdiction was examining the case of invalidation of the agreement signed in 2015 between previous “Anelik Bank” and “B.M.L. Arzni” company. The court has satisfied the lawsuit of IDBank (previously Anelik Bank). On that occasion, we present Mr. Mher Abrahamyan’s interview, the Chairman of the Management Board.

-Mr. Abrahamyan, the court of first instance has satisfied the lawsuit against “B.M.L. Arzni” company, which was declared bankrupt and invalidated the agreement in case of violating the terms of which the Bank would have to pay 22 million USD penalty. Could you please comment the decision of the court?

-Sure. We need to remind the readers that the Bank has a number of cases with “B.M.L. Arzni” company, which was declared bankrupt. Due to one of them, the decision of which was made on 12th of March, the Court of Civil appellation of RA satisfied our appellation and overturned the verdict of Yerevan Court of General Jurisdiction to charge the Bank with the amount mentioned, as the lawsuit of “B.M.L. Arzni” Company was groundless according to the appellate court. However, as I have already mentioned, this company has filed a number of imaginary lawsuits against Bank, each of which refers to that agreement signed in 2015. We have also mentioned many times, that this agreement contains various problematic provisions that allow questioning the legal force of that agreement. For that reason, the Bank has appealed to the court in December 2018, to invalidate the agreement in order to end all the speculations. We are happy to state that the court has taken into account our justifications and invalidated the agreement mentioned.

-And what are the problematic provisions of the agreement?

-In order not to burden the reader with legal issues, I will only state that the agreement was not signed in compliance with the mandatory procedure and conditions established by law․ To put it more simply, it had no state registration, which is a mandatory requirement for all real estate transactions. The agreement restricted the Bank’s rights to manage the real estate transferred to him, so all the rights arising from that agreement were subject to state registration, and its non-implementation leads to the invalidation of the transaction.

-Good, and what are the future steps of the Bank?

-You know, we are already used to live in conditions of imaginary lawsuits. Moreover, it does not prevent us from accomplishing the Bank’s strategic development goals, implementing our innovative programs, promoting our digital banking ideas. Now when the epidemic is raging in our country, it’s our duty to provide our customers with the widest range of remote service tools, preventing them from visiting the Bank and contacting with cash as much as possible.

Our customers have a wide range of tools for remote transactions on the joint platform of IDBank and Idram – IDBanking.am and Idram mobile app. They can become Bank customers with remote identification, take loans, order cards, open accounts and deposits, receive money through the fast transfer system, take advantage of about a dozen non-contact payment solutions with QR and NFC technologies in more than 2,500 points of sale, do shopping in more than 300 online shops, make instant payments for more than 250 services, etc. However, this is not our limit; we will offer new innovative products to our customers in order to increase the efficiency of remote service of our customers. At the same time, realizing the importance of comfortable customer service at our branches, we continue the process of modernization and expansion of our branches. Soon we will open another modern branch in response to the numerous requests and responses of our customers in Shengavit district. Let me remind you that we started the year by opening a flagman branch of IDBank in Northern Avenue. This branch has no analogues in the region and here a number of services is combined.

However, let’s not forget current situation caused by the pandemic: I would like to encourage our customers to use the remote services, wear masks when visiting the Bank (which can be provided by the Bank if necessary), disinfect hands at the entrance, keep social distance and wait for your turn at the appropriate points. IDBank, in its turn, implements all necessary measures to maintain the health of customers and employees, all areas are regularly disinfected and ventilated, employees are provided with all security measures. We will surely overcome this situation caused by the epidemic.

Be healthy!

Armenian MP tests positive for coronavirus

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 14:14,

YEREVAN, JUNE 24, ARMENPRESS. Lawmaker from the ruling My Step faction of the Armenian Parliament Viktor Yengibaryan has been infected with the novel coronavirus.

“Dear friends, yesterday I passed a test for coronavirus, the result was positive. I do not have any health problems, I have been self-quarantined at home. Maybe I have not properly followed the rules. Please wear a face mask and keep all the rules as it can save human lives, including the lives of your relatives. Be healthy”, the MP said on Facebook.

On June 23 Vice Speaker of Parliament Vahe Enfiajyan announced that he has also tested positive for COVID-19.

Reporting by Norayr Shoghiyan; Editing and Translating by Aneta Harutyunyan

Russia’s coronavirus cases surpass 606,000

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 15:36,

YEREVAN, JUNE 24, ARMENPRESS. Russia has documented 7,176 cases of COVID-19, a disease caused by the novel coronavirus, in the past 24 hours, with the total number of the infected reaching 606,881, TASS reports citing the anti-coronavirus crisis center.

According to the data provided, the daily increase rate has dropped to 1.2%. For the past few days, it has remained at 1.3%.

The Moscow Region has reported 507 new cases of the virus, the Khanty-Mansi Autonomous Region — 323, St. Petersburg —  218, the Nizhny Novgorod Region — 207 and the Voronezh Region — 198.

The number of active cases of COVID-19 has reached 229,546.

CivilNet: Bright Armenia Reluctant to Join Tsarukyan’s Party in Challenging Constitutional Changes

CIVILNET.AM

22:17

. Justice Minister Rustam Badasyan has announced that constitutional changes forcing high court judges to retire will come into effect in two days. 

. The opposition Bright Armenia Party is reluctant to legally challenge the recent constitutional changes. 

. 711 new cases of COVID-19 have been confirmed. 

. The PM has laid out the situation in Armenia regarding jobs and unemployment.

CivilNet: Des médecins français en Arménie contre COVID-19

CIVILNET.AM

June 25, 2020 09:57

Depuis presque deux semaines, l’Arménie accueille dans ces hôpitaux des médecins français. En charge de l’initiative: le bureau du Haut-commissaire aux affaires de la diaspora en collaboration le ministère de la santé d’Arménie et l’ambassade de France. 

Un premier groupe était arrivé le 14 juin. Le second groupe, composé de neufs docteurs venus de Marseille et de Paris, a débarqué le 23 juin sur le sol Arménien. Objectif: apporter leur expertise dans le cadre de la crise sanitaire du coronavirus. 

CivilNet a eu l’occasion de les rencontrer seulement quelques heures apres leur premier jour dans l’hôpital Grigor Lusavorich, l’un des établissements médicaux destinés aux patients gravement atteint par le virus. 

Armenia parliament majority: We don’t disagree with Venice Commission conclusion’s key, conceptual parts

News.am, Armenia

16:07, 24.06.2020
                          

YEREVAN. – If we are talking about the opinion of international partners, then, represented by the conclusion of the Venice Commission, I believe everything is more than clear in that conclusion. Lilit Makunts, head of the majority My Step faction, on Wednesday stated this in a talk with journalists in the National Assembly (NA), referring to the issue of how the international partners of Armenia will react to the fact that the NA discussed the issue of the Constitutional Court exclusively among the ruling majority, and the opposition factions in parliament were not in attendance to these debates.

“We don’t have a disagreement with the on the key and conceptual part of the conclusion of the Venice Commission. And in terms of the other details, we have chosen the path that we believe can weaken and resolve this tense situation. I would also like to remind that the opinion of the Venice Commission is advisory and is not binding,” she added.

As for the fact that only the ruling majority faction took part in the voting in the NA, Makunts said. “First of all, it is the right of the opposition whether or not to participate in the NA sittings; here the majority does not make a decision. On the other hand, the Constitution and the NA Rules of Procedure clearly define how the decisions of the NA are adopted. The fact that at this moment the political majority is also the constitutional majority in the parliament does not in any way prevent from carrying out any action and holding voting according to our belief.”

Armenian MP tries to convince that property tax increase is helpful

News.am, Armenia

16:25, 24.06.2020
                  

ANC International calls out Turkey’s hostile actions against Armenians around the world

Public Radio of Armenia

Opposition Bright Armenia faction in parliament: Authorities are raising tax burden

News.am, Armenia

17:05, 24.06.2020

YEREVAN. – During the legal regime of the state of emergency, when the number of the pandemic in the country does not decrease and we are in a deep healthcare, social and economic crisis, the halls of power have brought a bill to raise property tax; they are increasing the tax burden on citizens. Edmon Marukyan, leader of the opposition Bright Armenia Party (BAP) and head of its parliamentary faction said this in his speech in the National Assembly Wednesday, speaking about the law proposal on raising property tax in the country.

“They [the authorities] are doing this now because [if it had not been for the current state of emergency in the country] people would have come and demonstrated in front of the National Assembly because their tax burden is increasing. (…).

(…) this draft is a big blow to our economy, to our state, in these conditions because, first of all, it is premature, it is a special session, there is no opportunity to discuss, there is a pandemic (…).

Dear citizens, the incumbent halls of power are increasing your tax burden. This is what we need to think about and give the messages to the halls of power, but there is no possibility of that [at present],” Marukyan concluded.